Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    138 Fairlane Loop Whittier, NC 28789

    View on Map
    Sponsored
    Pending
    $79,000

    Land,Cleared Lot,Residential - Whittier, NC

    Type:Single Family Residence
    Lot size:
    0.95 Acres
    Days on Market:
    25
    Last Refresh:
    Mar 17 at 10:06 am

    Property Features for 138 Fairlane Loop

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Standard status
    Pending
    APN
    7612-81-0654
    Exterior features
    None
    Lot size
    0.95 Acres

    Taxes and HOA fees

    Expense value
    500
    Expense
    Home Owner Assessments Fee

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Melissa R. Bush
    Melissa R. Bush

    Real Estate Professionals of Haywood County DBA Keller Williams Great Smokies (828) 926-5155

    Listing agent Melissa R. Bush (828) 586-4616

    Listing date Feb 20, 2026

    MLS# 26043075 Listing URL

    Copyright © 2026 Carolina Smokies Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Whittier Ready-to-Build Lot For Sale

    This ready-to-build lot is located in the Torwood Subdivision in Whittier, North Carolina. The property, suitable for residential use, features a house pad, septic system, and well already installed. The lot is partially wooded and offers mountain views. Paved access is available to the property, which is conveniently situated between Sylva and Cherokee. Modular homes are permitted. The lot size is approximately 0.95 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Auto Repair Shop Auto Parts Store Hotel & Motel Storage Facility Grocery & Convenience Store Furniture & Home Goods Discount Store Grocery & Convenience Store Barber Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Whittier
    County
    Jackson
    State
    North Carolina
    Longitude
    -83.3022532
    Latitude
    35.3817777

    Nearby Similar for Sale

    • $599,000
      1,436 SF

      Remodeled Home with Business Potential

      1.45-acre property with remodeled home, suitable for business.
      43 Flaming Arrow Dr, Whittier, NC 28789
      View Details
    • $749,900
      Pending

      Classic Carolina Motel For Sale

      Turnkey roadside hospitality property with 16 revenue rooms.
      3144 Us 441 N, Whittier, NC 28789
      View Details
    • $465,000
      2,377 SF

      Versatile Commercial Property on US 74

      High-visibility commercial property with expansion potential near Sylva and Cherokee.
      6222 Us Highway 74 W, Whittier, NC 28789
      View Details
    • $249,500
      370 SF

      Whittier Office Space For Sale

      Commercial property ideal for professional office or service-based business.
      32 Cherokee Blf, Whittier, NC 28789
      View Details
    • $425,000
      2,200 SF

      Whittier Multi-Use Development Opportunity

      6.53-acre property ideal for commercial or multi-use development.
      6226 Us Highway 74 W, Whittier, NC 28789
      View Details
    • $395,000
      3.99 Acres

      Whittier Multi-Family Investment Opportunity

      Four mobile homes on 3.99 acres with development potential.
      15 Tika Dr, Whittier, NC 28789
      View Details
    • $269,900
      5.51 Acres

      Whittier Mini Farm Opportunity

      5.5+/- acres with pasture, barns, well, power, and septic.
      9999 Cornelious Ashe Rd, Whittier, NC 28789
      View Details
    • $1,200,000
      21.07 Acres

      Whittier Farm and Equestrian Property

      21.07 acres in the Smoky Mountains, suitable for various uses.
      190 Quin Holcombe Rd, Whittier, NC 28789
      View Details
    • $1,200,000
      18.04 Acres

      High-Visibility Retail & Residential Land

      US-74 Highway Commercial Property with Multiple Income Streams
      5262-5264 Us 74 Hwy, Whittier, NC 28789
      View Details
    • $150,000
      1.48 Acres

      High-Visibility Commercial Land in Whittier, NC

      Prime 1.48-acre lot near Harrah's Casino.
      Us 441 Hwy, Whittier, NC 28789
      View Details
    • $120,000
      0.57 Acres

      High-Visibility Commercial Lot in Whittier, NC

      Prime 0.57-acre lot, US 74 W exposure.
      Trl A Hwy 74 Hwy, Whittier, NC 28789
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Cleared residential lot with utilities in Torwood Subdivision, Whittier, NC.
    Where is this residential land & home lot located?
    The property is located at 138 Fairlane Loop Whittier, NC.
    What is the asking price?
    The asking price for this property is $79,000.
    What are key features of this property?
    This property features: - Ready to build lot with house pad, septic, and well already installed.; - Almost an acre in size.; - Located in the Torwood Subdivision.
    (828) 231-8879
    Request Owner's contact information
    138 Fairlane Loop Whittier, NC 28789
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    138 Fairlane Loop
    Whittier, NC 28789
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    138 Fairlane Loop Whittier, NC 28789
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Melissa R. Bush
    Melissa R. Bush
    (828) 231-8879 (828) 586-4616 (828) 631-6222
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!